Parsons Corporation Acquires TRS Group, Inc.
February 4, 2025
Parsons Corporation acquired environmental remediation technology provider TRS Group, Inc. in an all-cash transaction valued at approximately $36 million. The deal strengthens Parsons' environmental remediation and PFAS-treatment capabilities, integrating TRS's thermal remediation technologies and PerfluorAd licensing into Parsons' Federal Solutions and Critical Infrastructure segments.
- Buyers
- Parsons Corporation
- Targets
- TRS Group, Inc.
- Industry
- Environmental Services
- Location
- Indiana, United States
- Transaction Type
- Buyout
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